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HomeMy WebLinkAbout0606 RT A ~ ~vv3 ~ , ~ : DIRECT HOME IMPROVEMENT MO G G ~ ~~,g wITH FUTURE ADVANCE HIS MO TA GAGE, mad; is 5~ ' sy o1 ~r , A.D., t9 ~ ,between a lwaCLQI ella a _uxtact wi e (Mortgagor) and Sun Bank of St. Lv~cie County (Mortgagcel; ' (Name of $un Bartle) WITNESSETH, that Mortgagor, for and in consideratwn of the premises and m order to secure the payment of the principal and ' interest on the note las hereinafter detinedl, Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, its successors and assigns forever, the following described real property in St. IA]Cie CEwnty, Fbrxla, to wit: f Lot 18, Block 480, Port St. hucie Section 26 as recorded in Plat Book 14, Pages 4 and 4A throw 4L of the Public Recards of St. Lucie County, Florida. ~ l . 1980 SEP - 9 PN ~ 38 ~ FILED ~Ifc F~cur~aro ST.LIICIE Co~~tY.FIA. Rtt>cehred ~ In payntaot Of Tart , R06ER POITRAS i CLERK CIRCUIT COI:R Oue On Class C Intangibb Peraona?oroMrh: ? PECORO YERIFIC'J_. pursuant To Chapter 71, 134. Acts Of'9~~. ~p~ ROGER POITRAS ~Q 4 70t71S ~_IM>, Ctrcuft Court. St. Lucie. Co., FIB. i } (hereinafter referred to as the Mortgaged Propet'tyl; and the Mortgagor does hereby fully warrant the title to the Mortgaged Property and wilt detertd the same against the lawful claims of all persons whomsoever. PROVIDED ALWAYS, that if David BtOCtOCI ffi1d Debr8 BtDLtO[1 ,the Makerls) of that (Insert Namelsll cgrtain promissory note dated the date hereof (the Notel, their heirs, legal representatives or assgns shall pay to Mortgagee ' 9 775.41 the principal win of S ~ as evidenced by the Note, with interest and upon the terms as provided therein, the final maturity date of the Note and of this Mortgage being , 19 _ ~ ,which Note provides that . alt installments of principal and interest are payable at the of ice of Mortgagee, or at wch other place as the holder may designate in writing, and that each maker and endorser agree to pay all costs of collection, inclErdirg a reasonable attorney i fee, upon default in the i payment of the Note, and that if default be made in the payment of any installment thereunder and that if such default is not made good in accordance with the terms of the Note, that the entire principal sum and accrued, earned interest shall become due and payable without notice at the option of the holder thereof; and shall perform and comply with each and every stipulation, agreement and cov- _ anent of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be void, otherwise the same shall remain in full force. Maker coverrantr to pay the interest and principal promptly when due. Mortgagor covenants to pay the taxes and assess- ments on said property; to carry inwrance against tine on the building on said land for not less than S n/a ,approved by the Mortgagee, with standard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the building on said land in proper repair. This Mortgage shall secure not only existing indebtedness, but also such future advances, whether such advances are obligatory or to be made at the option of Mortgagee, or otherwise, as are made within twenty (201 years from the date hereof, to the same extent as if such future advances were made on the date of the execution of this Mortgage, but such secured indebtedness shall not exceed at any 'y I time the maxirtwm principal amount of S a plus interest, and any disbursements made for the payment of taxes, levies, or inwrance, on the Mortgaged Property, with interest on wch disbursements. Any wch future advances, whether } !I ablgatory or to be made at the option of the Mortgagee, or otherwise, may be made either prior to or after the due date of the Note~r i C ~ ` any other notes secured by this Mortgage. This Mortgage is given for the specific purpose of securing any and all indebtedness by the s' i Maker to Mortgagee (but in no event shall the secured indebtedness exceed at any time the maximum principal amount set forth in this if a ~ ~I ~ paragraph) in whatever manner this indebtedness may be evdenced or represented, until this Mortgage a satisfied of record. All cove- ( Hants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this s ! E future advance clause. i- t ( Should any of the above covenants be broken then the Note and all moneys secured hereby shall, without demand, it the ~ , li Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of collection and reasonable attorneys fees, including costs, expenses and reasonable attorneys' fees "on appeal, ii collected by legal proceedings or through an attorney at law, shall be paid by the Maker, and the same are hereby secured. ? ' r IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first above set forth. _ Signed, sealed and delivered • d ~ m o rice: ~ v - (SEAL) _ 1 o r) (SEAL) (Mortgagorl Debra &nctan STATE OF Florida 1 COUNTY OF St • Lucie ~ I HEREBY CERTIFY, that on this day, before me an officer duly authorized in the State aforesad and m the County aforesad David ~ Debra Bwctat to take acknowledgments, psi ly 8ppeared to me knov~iti t ~be the person described l • t1Y m and who executed tlld ~np ` t~~rtePt and acknowledged before me that executed the same. WITNES~y han¢aofficial seal~~i~the County and State last aforesaid this 5~1 day of Septet?ober , A.D., t9 ~./i~ , ' ~J . ,~,.~C"~•a ~Notar ubhc ~ ~A , t:~ _ J~ ~ NOi1 i?latlt tE Oi IIi0ROl1 Af {Ab i s' tt %r MY Commission ExpuMY GO~MWSSiIp+ EIWRiIi OfC. =i Milt ~ ~ ~ ~ ~ OR ~'!Q ROIt.iD TFMI Ert.~7lAL flit . 1~MIRIt~ a-rota-ooo-~ R~r. Bin f ~ s,- . s; 900K tJtJ~7 PAGE JsJ s/